Halliburton Company
HAL Energy Oil & Gas Equipment & Services
Halliburton Company’s revenue for fiscal 2025 (year ended December 2025) was $22.2 billion, down 3.31% from fiscal 2024.
- Revenue
- +1.84%
- EPS
- +2,400.0%
- Free cash flow
- −43.5%
- Total debt
- −5.00%
Quarter to September 2026, against a year earlier
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Halliburton Company (HAL) Debt to equity
Halliburton Company's debt to equity at the end of the quarter to 30 September 2026 was 0.6×, down 0.0× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.7× (fiscal 2025) to 2.0× (fiscal 2020) — the current reading is the lowest in ten years. That is above the Oil & Gas Equipment & Services industry median of 0.4× and above the Energy sector median of 0.4×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.7× | (4.69%) |
| FY2024 | 0.7× | (11.69%) |
| FY2023 | 0.8× | (21.04%) |
| FY2022 | 1.0× | (26.62%) |
| FY2021 | 1.4× | (29.16%) |
| FY2020 | 2.0× | 53.24% |
| FY2019 | 1.3× | 18.70% |
| FY2018 | 1.1× | (17.27%) |
| FY2017 | 1.3× | (0.02%) |
| FY2016 | 1.3× | 32.35% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 0.6× | (0.96%) |
| Jun 2026 | 0.6× | (2.04%) |
| Mar 2026 | 0.7× | (2.94%) |
| Dec 2025 | 0.7× | (7.39%) |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| WHD Cactus, Inc. compare | 0.0× |
| TS Tenaris S.A. compare | 0.0× |
| FTI TechnipFMC plc compare | 0.1× |
| NOV NOV Inc. compare | 0.3× |
| SLB SLB Limited compare | 0.4× |
| HAL Halliburton Company | 0.6× |
| WFRD Weatherford International PLC compare | 0.7× |
| BKR Baker Hughes Company compare | 0.9× |
| AROC Archrock, Inc. compare | 1.5× |
| Oil & Gas Equipment & Services industry median | 0.4× |
| Energy sector median | 0.4× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on HAL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement